Market News
Attorney Risk Retention Group Is a Case Study in the Evolution of a Captive
ALAS, Inc., risk retention group was formed in 1987 and is domiciled in Vermont. Its purpose is to act as a primary insurance company providing direct underwriting, claims management, and loss prevention services for its members. Read More
Risk Retention Groups Report Financially Stable Results for First Quarter 2014
Demotech, Inc.'s first quarter 2014 financial analysis of Risk Retention Group (RRG) concludes "… RRGs have a great deal of financial stability and remain committed to maintaining adequate capital to handle losses." Douglas Powell, Demotech senior financial analyst, said that over a 5-year period since the first quarter 2010, RRGs collectively increased policyholder surplus by $1.5 billion representing growth of 58.7 percent. Read More
"Building a Globally Fronted Captive": A Challenging but Potentially Rewarding Endeavor
Douglas Hardman, Marsh, and Andrew Baillie, AES Corporation captive, discussed the challenges, opportunities, and practice example of running a global fronted captive at one of the several education sessions held yesterday at the Vermont Captive Insurance Association Conference. Read More
A Closer Look at the Evolving Process Transforming the Global Insurance Industry
"Solvency II will cause a transformational shift in the way the insurance industry operates in Europe, it will also have wide-ranging implications on a global scale," according to a perceptive but dated Solvency II report issued by KMPG. Read More
The Outlook for 3rd Quarter Global Markets
Global markets have made decent gains so far this year with volatility declining across all asset classes" according to London & Capital Read More